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What else can I help you with?
What is socioeconomic model of social responsibility?
the concept that business should emphasize not only profits but also the impact of its decisions on society
What basic economic questions are markets or governments about what goods and services will be used to make?
Markets and governments address three fundamental economic questions: What goods and services should be produced? How should these goods and services be produced? And for whom should they be produced? In market economies, these questions are typically answered through supply and demand dynamics, while in command economies, governments make these decisions based on planning and policy objectives. The balance between market forces and government intervention shapes the allocation of resources and production outcomes.
What idea is most closely associated with laissez -faire?
Government should refrain from intervening in the economy, leaving all major decisions to the individual business leaders.
Why should international business executives be alert to political development?
Executives are responsible for making key business decisions that affect the company on a global basis. Political developments have enormous influences on their decisions. For example, changes in a country's political leadership, say from conservative to left-wing, can have repercussions in tax rates and business-friendliness. Also political stability is crucial to business development. For example, knowledge of whether a certain country is going to be in crisis can help the executives avoid key losses.
When making decisions managers should?
today
Should the governments control the flow of information to their citizens?
no
Who should be responsible for making decisions about nuclear energy?
Governments, in conjunction with the United Nations.
Should governments regulate business activities in order to reduce the effects of global warming?
Many people think governments should make regulations to reduce the effects of global warming. Governments are elected to govern, and that often means making hard, long-term decisions that are not always popular.
Why should a business be aware of its profits?
To evaluate its performance and take decisions for future.
Is the economic system in which?
Individual citizens, not governments, should own business, land, and industry. -!JPEN
Capitalism is the economic system in which?
Individual citizens, not governments, should own business, land, and industry. -!JPEN
Should the national government have the power to veto decisions made by state governments?
No because if we don't have different governors' with different decisions one person could almost in one way be like king.
Which book stated that only freely elected governments should impose control on people?
The Social Contract
Describe two quality control measures a business should adhere to?
two quality control measures a business should adhere are: 1.sanitation inspection 2. bereau of standards
What is the benefit of correlation and regression analysis in business decisions?
The benefit of using correlation and regression analysis in business decisions is that it allows you to weigh outcomes. This can help managers see if they should continue with their current model or make changes to it.
When making hardware decisions the overriding considerations of a business should be technology cost and currency?
True
Describe two quality control the business should adhere to?
nun
